Property description
BUSINESS FOR SALE - Midland Housing LTD, are proud to present this outstanding opportunity to gain possession of a profitably running Off-Licence, located on the highly populated Washwood Heath Road. The store currently has a strong and loyal customer base, due to it being in a convenient hotspot, in the centre of a very highly residential area. The competition is limited in the immediate area, and combined with the excellent reputation of the shop, this is the perfect opportunity for an investor to promote and expand. The business currently operates with monthly revenue of £20, 000 with accounts to justify. The shop floor is 400 sq ft, with an additional 150 sq ft of storage behind the shop. The entire property consists purely of electric appliances, and no gas.
The ground floor shop will be sold as a running, and established business for sale, and therefore will be subject to a Goodwill Premium charge, which will include the current stock. There are rooms on the first floor, currently used as offices, which are of great potential to be converted into residential flats. There is a separate entrance for these rooms, with separate council tax charges, which makes them already perfectly positioned for conversion. The lease is extendable very easily on this property, and can be arranged in advance. For a stable investment, with a good ROI (Return on Investment), this business is ideal. Call now, to arrange a viewing with a member of staff, on 0121 773 5500.
Commercial Information:
• Running Off-Licence
• Alcohol Sale Licence in Place
• Electric Shutters
• 18 CCTV Cameras with Connected Monitor
• Security Alarm System
• Main Road Location
• Business for Sale, Including Fixtures and Stock.
Key Features
• Great Turnover
• Established Business
• Good Will Premium of £30, 000 (Negotiable)
• Lease Terms are VERY Flexible
Location
• Located on Popular Washwood Heath Road
• High Street Location
• Close to M6, M5, and M42
• Very Close to Birmingham City Centre
• Transport Links are Excellent from this Road.
Rents & Rates
• Building Rental is £850 PCM ( £10, 200 Per Annum)
• Goodwill Premium is £30, 000 (Negotiable)
Viewings are available immediately. Please call our team on 0121 773 5500 to book a slot.
Property Features :
- Ground Floor Shop
- All Electric
- 400 sq ft of shop space
- Alcohol Licence
- 150 sq ft of storage space
- One meter for both floors
- Separate council tax on both floors
- Separate Entrance to Upstairs